Iraq About US Dollar, Hyperinflation Trouble in 2015-Gordon Long
By Greg Hunter’s USAWatchdog.com
Macroeconomist Gordon Long says, “We’re not really running a capitalist system. We are running a credit system. Instead of using savings, we are using credit. Credit, the way we are doing it now, is really a form of counterfeiting. If you look at the $72 trillion shadow banking system that we have operating right now, that is generating this credit . . . it collapsed in 2008 . . . and now it’s on a hairy edge. It’s not mortgages and housing this time. It’s student loans through Sallie Mae. These students don’t have any hope of paying this back. We are talking north of $1.1 to $1.2 trillion. It’s car loans this time because of subprime. That’s the way to look at car loans, they are sub-prime. . . . And you got these highly leveraged real estate investment trusts also operating through the shadow banking system. These problems are blatantly evident, and I don’t think the powers that be have any control over them.”
On the next financial crisis, Mr. Long contends, “I think 2008 was an early warning signal of the magnitude of the problem. We didn’t fix it. We did extend and pretend. Dodd-Frank did not solve the underlying issues. The global swaps market went from $600 trillion to $700 trillion last year, alone. We’ve watched the shadow banking system push through $72 trillion. So, we didn’t stop it. We just, in fact, inflamed it even worse, and we got into even riskier kinds of assets. Is it imminent? No, I think we are talking 2015. I think we have a little bit of a deflation scare before we get into the hyperinflation. Don’t underestimate the central bankers and the politicians’ ability to kick the can down the road. They still got some more bullets here.”
Will the crisis in Iraq get out of control? Gordon Long says, “I happen to think that it probably will because we are not resolving the basic problems. But the big core issue here is the petrodollar. It’s not about oil and it’s not about gas. It’s about what it is bought and paid for in, and that is U.S. dollars. There is no one that trades any one of those products in anything other than U.S. dollars . . . right now, as of today. . . . As long as the trading continues in U.S. dollars, all those dollars will stay out there and not come back to the United States. When it comes back to the United States, you will have hyperinflation. These conflicts need to be seen in the context of they are really going to force groups to trade in other than the U.S dollar. That’s the problem because they are going to come back. They are going to say I have a U.S. dollar, and I am going to make a claim on it. That’s what is going to drive the hyperinflation. That’s what is going to drive the currency crisis. This is about trading in the U.S. dollar. . . . We are looking at spring 2015 to Q three. There is trouble there.”
On government debt and suspicious bond buying in places like Belgium, Gordon Long says the government has to keep finding was to sell Treasury bonds to finance the huge U.S. debt. Long explains, “They not only have to sustain the buying, but they actually, right now, need a shock to the system, what I will call a bond scare, so money will move out of an over-inflated equity market. . . . And they need that to drive down the interest rates, push up the bond prices and get that financing charge much lower.” Long goes on to say, “The real game that is going on here is a complex game, but it’s pretty simple, what they are trying to do and that is they are trying to finance the government’s debt.”
Join Greg Hunter as he goes One-on-One with Gordon Long of GordonTLong.com.
After the Interview:
Gordon Long predicts the next big financial meltdown will involve “large pension funds and insurance companies, and it will be a global problem. They are the ones driving the shadow banking system.” If you would like to see more of Mr. Long’s work, which includes free material and paid subscriptions, go to GordonTLong.com.
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About the Author
Greg Hunter
Greg is the producer and creator of USAWatchdog.com. The site’s slogan is “analyzing the news to give you a clear picture of what’s really going on.” The site will keep an eye on the government, your financial interests and cut through the media spin. USAWatchdog.com is neither Democrat nor Republican, Liberal or Conservative. Before creating and producing the site, Greg spent nearly 9 years as a network and investigative correspondent. He worked for ABC News and Good Morning America for nearly 6 years. Most recently, Greg worked for CNN for shows such as Paula Zahn Now, American Morning and various CNN business shows.
In reality, we the USA is going at all odds to prevent another 1929, stock collapse, economic depression, and WWII. But all of our policies are leading to those very same things. History does indeed repeat itself….
My opinion, our Leaders know this. They have no idea on how to stop it thus they just play the game to keep the rich folks richer in hopes that things will turn around. The money printing is nothing else but giving the rich free Monopoly money so that they can buy numerous assets with phony money, while we the rest will suffer because we did not have the avenue to obtain those printings….the Day is coming….
Greg, Ugly; New blood, never heard this guy b-4.
Enter; another false flag i would guess;
Gen. Wesley Clark on amerikas intent to destabilize the middle east, as far back as 1991 video tell all ;https://www.youtube.com/watch?v=f7NsXFnzJGw
the Jackass weighs in;
◄$$$ THE REAL REPORT ON WHAT HAPPENED ON 911 IS GRADUALLY COMING TO THE SURFACE… AMAZINGLY, THE TRUE 911 STORY IS SLOWLY UNRAVELING BEFORE THE NATION, AT FIRST IN THE USCONGRESS. $$$
The full title of the document is “Collateral Damage: US Covert Operations & the Terrorist Attacks on September 11, 2001” which offers extreme details. The document is fiery and loaded, describing who was involved, the motive for the attack, and how the cover-up was executed. This is not a sideshow or hack job. The document was written by the US Office of Naval Intelligence, therefore not just another report quickly dismissed. The rejection of hard data by mindless critics is an abomination, and a poor reflection of American intelligence levels. They even conjured an ugly name of Truthers, in disparaging tone. It is as though those who pursue the truth are enemies of the sprawling fascist state. The naval intell document attempts to put the complex pieces together, indicative of a major rift within the Defense Intelligence Network. The Jackass has previously pointed out a schism between the Pentagon and NSA in recent months. See the Scribd article (CLICK HERE). Also, a new exposure has been floating around the USCongress. It is an unredacted version (no black magic marker blots) that accidentally was circulated. Some important and powerful parties are carefully releasing information in order to enable the bankster security press pharma cabal to be exposed. For two years, the Jackass has reported a deep division within the USGovt security agencies led by the National Security Agency and the Defense Intelligence Department. The naval intel group is the most prestigious.
A couple Congressmen are horrified by what the document reveals, with ample evidence. It is not clear how or why these two men were selected. They had better not stand next to 50th story windows or hold rope next to chandeliers. They had better distribute the document far and wide, even to intrepid non-syndicated press reporters. The AE1000 group of architects and engineers has provided ample counter evidence in rebuttal of the official nonsensical whitewash reports. This new document on Collateral Damage outline in some detail the execution of events. The document paints a picture, where the alleged central nest for the design of the 911 attacks on the World Trade Center and Pentagon is the Bush-Cheney gang with two key allies. The Saudis will be tossed under the bus, while the small nation operating as control center on the Southeast corner of the Med Sea will find itself isolated. Perhaps they will become as isolated at the United States, its grand instrumental tool and puppet, with visible parts in the Council on Foreign Relations. See the Gordon Duff document (CLICK HERE). The greatest Western Govt coup d’etat in modern history is slowly being revealed, perpetrated on 911. My personal wish is for retribution to begin with the rescission of the Patriot Act, the confirmation once again of the Constitution, and the removal of Wall Street bankers from the USGovt entirely, even the cleansing of Fascists from the Supreme Court. Dream on, Jackass!
Greg, Ugly; Here is the site, W/ a few paragraphs added;
http://www.scribd.com/doc/9442970/Collateral-Damage-U-S-Covert-Operations-and-the-Terrorist-Attacks-on-September-11-2001-28062008
On September 11, 2001 the definition of National Security changed for most U.S. citizens. For an entire postwargeneration, “National Security” meant protection from nuclear attack. On that day, Americans redefined that threat.On September 11, 2001 three hijacked airliners hit three separate buildings with such precision and skill that manyobservers believe those flights were controlled by something other than the poorly trained hijackers in the cockpits.This report contends that not only were the buildings targets, but that specific offices within each building were thedesignated targets. These offices unknowingly held information which if exposed, subsequently would expose anational security secret of unimaginable magnitude. Protecting that secret was the motivation for the September 11
th
attacks. This report is about that national security secret: its origins and impact. The intent of the report is to providea context for understanding the events of September 11
th
rather than to define exactly what happened that day.Initially, it is difficult to see a pattern to the destruction of September 11
th
other than the total destruction of theWorld Trade Center, a segment of the Pentagon, four commercial aircraft and the loss of 2,993 lives. However, if the perceived objective of the attack is re-defined from its commonly suggested ‘symbolic’ designation as either ‘aterrorist attack’ or a ‘new Pearl Harbor,’ and one begins by looking at it as purely a crime with specific objectives(as opposed to a political action), there is a compelling logic to the pattern of destruction. This article providesresearch into the early claims by Dick Eastman, Tom Flocco, V.K. Durham and Karl Schwarz that the September11
th
attacks were meant as a cover-up for financial crimes being investigated by the Office of Naval Intelligence(ONI), whose offices in the Pentagon were destroyed on September 11
th
.
1
After six years of research, this reportpresents corroborating evidence which supports their claims, and proposes a new rationale for the September 11
th
attacks. In doing so, many of the anomalies – or inconvenient facts surrounding this event – take on a meaning thatis consistent with the claims of Eastman
et al
. The hypothesis of this report is: the attacks of September 11
th
wereintended to cover-up the clearing of $240 billion dollars in securities covertly created in September 1991 to fund acovert economic war against the Soviet Union, during which ‘unknown’ western investors bought up much of theSoviet industry, with a focus on oil and gas. The attacks of September 11
th
also served to derail multiple Federalinvestigations away from crimes associated with the 1991 covert operation. In doing so, the attacks were justifiedunder the cardinal rule of intelligence: “protect your resources”
2
and consistent with a
modus operandi
of sacrificinglives for a greater cause.The case for detailed targeting of the attacks begins with analysis of the attack on the Pentagon. After one concludesthat the targeting of the ONI office in the Pentagon was not random – and that information is presented later
3
– onethen must ask: is it possible that the planes that hit the World Trade Center, and the bombs reported by variouswitnesses to have been set off inside the buildings 1, 6 and 7 and the basement of the Towers, were deliberatelylocated to support the execution of a crime of mind-boggling proportions? In considering that question, a patternemerges. For the crimes alleged by Eastman, Flocco, Durham and Schwarz to be successful, the vault in thebasement of the World Trade Center, and its contents – less than a billion in gold, but hundreds of billions of dollarsof government securities – had to be destroyed. A critical mass of brokers from the major government securitybrokerages in the Twin Towers had to be eliminated to create chaos in the government securities market. Asituation needed to be created wherein $240 billion dollars of covert securities could be electronically “cleared”without anyone asking questions- which happened when the Federal Reserve declared an emergency and invoked its“emergency powers.” that very afternoon.
4
The ongoing Federal investigations into the crimes funded by thosesecurities needed to be ended or disrupted by destroying evidence in Buildings 6, 7 and 1.
5
Finally, one has tounderstand and demonstrate the inconceivable: that $240 billion in covert, and possibly illegal government fundingcould have been and were created in September of 1991. Filling in the last piece of the puzzle requiresunderstanding 50 years of history of key financial organizations in the United States, understanding how U.S.Intelligence became a key source of their off-balance sheet accounts, and why this was sanctioned by everyPresident since Truman.
6
With that, a pattern of motivation is defined which allows government leaders andintelligence operatives to ‘rationalize’ a decision to cause the death 3,000 citizens.
GREG, UGLY; …..THE next para. brings up the yamishita gold, marcos, etc.
The Vulcan’s drive to bring and end to the Cold War was fueled by a covert war chest invisible to congressionaloversight.
32
This war chest would be known by several names: Black Eagle Trust, the Marcos gold, Yamashita’sGold, the Golden Lily Treasure, the Durham Trust or Project Hammer.
33
These same Vulcans would be broughtback to power in 2000 under the administration of President George W. Bush, son of President George H. W. Bush.
Wow Dan Rather has been busy making phoney documents again. Tell me, does a document that talks about Hudes’ gold and by aliens (Vulcans…really) seem credible to anyone? I know some here want to believe the US was behind 911 but then some believe in the Easter bunny, Hudes gold hidden in a special vault in the Philippines jungle (News flash…I hear Indiana Jones is coming out of retirement to look for it) and the race of beings from another world that run religion and finance. Its as real a document as Hudes letter on WorldBank stationary declaring the sale of a thousand metric tonnes of gold to raise ten millions dollars.
But then some people believe the Nigerian Prince when he emails that he needs their help to move 70 milion dollars…insert PT Barnum quote here
Nope. Indiana Jones broke his leg so he’s not coming. 🙂
Greg, al, and Ugly – I was told several years ago that Congress many years ago was told in a closed door section of congress that the USA “would” at some time in the future default on the national debt. This is planned by the elites.
It will start because of rising interest rates and the derivatives market. This came from and insider friend in the CIA.
FYI
Al
Default or devaluation, which technically are one and the same beast, are absolutely inevitable now for the US.
This will be the only way to deal with the national debt once the QE Ponzi scheme blows up.
Al Hall….
I believe it….with no legislature trying to fix our severe problems just tells me than many have given up and the others are all part of the plan….
In past, I never believed in the illuminati and the Bilderberg Groups, but I do now….
AlOls….
No doubt, the NWO was from the early days and then made popular by President Bush. Your links show just how far gone we really are….
1991???..Clark is referring to post 9/11.
Hi Allen
Your link doesn’t open for me.
Cheers from down under!
Col
COLIN NZ ;
SEND ME AN EMAIL ADD. AND I WILL COPY AND PASTE THE WHOLE ARTICLE. AL
I agree, our leaders know this collapse is coming, and at the least helping it along; if not having created it in the first place-
Look at the flood of illegals being PAID by our corrupt, lawless Govt to come here and suck the last breathe out of the corpse that was once the USA.
EVERYONE needs to see this UN GUN CONFISCATION job posting in NY City:
http://financialsurvivalnetwork.com/2014/06/united-nations-seeks-us-based-disarmament-demobilization-and-reintegration-specialists/
http://www.thedailysheeple.com/where-is-the-proof-that-un-soldiers-are-on-american-soil-oh-right-here_082012
The system will hold together till the Govt loses control and/or they got they’re plans all in place and they’re ready for the collapse.
farmer dz
good preps,
I think your statement applies to every major economy on the planet from West to East. The entire global financial system is a joke. Good luck guys with that Yuan.
I prefer the adage…”History doesn’t repeat itself but it does rhyme”
BINGO!
Great interview Greg…
You pretty much summed it up. Look at today- GDP came in -2.9% and the stock market went up as if we printed a GDP of 3%. If that doesn’t tell the whole market is manipulated, I don’t know what will. But it’s important to keep the façade in tact for the masses, even though the majority of people don’t have any money to invest in the stock market. The people who have connections with the FED are taking the cheap money, then proceed to goose up the stock market, cash out and buy real assets. Now they are in the process of firing up their private jets in order to make a quick getaway once the system is about to come tumbling down.
Ugly. I could stop this bs in 30 days if given the power. (with or without your help!)
You and I know exactly what needs to be done.
LASTMANSTD.
Here is a LINK by dave hodges, on un gun grabbing. and one by alex jones.
http://prepperchimp.com/2014/06/26/dave-hodges-the-un-is-preparing-to-impose-martial-law-on-the-us/
http://www.infowars.com/now-hiring-u-n-gun-grabbers/
LMS….
I know. But it won’t happen. I am making changes to my lifestyle. I know you are too. Good luck in Big Sky….
Greg, excellent interview. Thank you.
Sadly the vast of Americans are the proverbial frogs in the pot of water. The temperature is rising slowly and they don’t even know it.
If anyone thinks James Wesley Rawles’ ‘Patriots’ was fiction, they ought to reread Chapter 24 ‘Incursion’.
BTW, +2 for Big Stick Country.
Thanks Greg, Gordon Long has been your best interview to date in my opinion. I have been shorting the Russell 2000 for a long period of time. I have gotten killed. Personally not happy living in a manipulated market. On the other hand, the Federal Reserve and the cartel banks have made life better for most. I have a hard time with the concept of creating debt to solve the global debt problem. It takes labor and hard work to create wealth. The moneychangers do not understand that. Honey, I had a hard day at the office trading derivatives. Thank you for your dedication in providing people with knowledge . My eyes are wide open.
greg, i have to believe that we are now in a fascism state. nothing makes since anymore. our gov’t knows whats going on an yet keeps the ball rolling as if they know exactly what the out come is and don’t care. it’s the corporations that run the show.
gordon makes a lot of great points, but a couple sticks out. he says as long as there is food on the table we will put up with corruption. the middle class has been stripped from this country or world. we let this happen didn’t we, when clinton signed the nafta. the only reason things were so good back then was somebody, can’t remember name, introduced the roth ira. everybody was selling the conventual ira, paying the penalties aka taxes and converting into a roth ira. was this not a time where corporations were buying up everything insight.the banks were just as bad .
maybe greg, for all that was said, most meaningful of the part of we can put up with anything as long as food is on the table is why ammunition is being bought up by the irs, postal and all the other gov’t agencies.
i would say this is being perfectly orchestrated as if the people were puppets. not a hair out of line. we were warned by our forefathers who wrote our constitution even eisenhower.
The World’s Secret Ruler Exposed
“THE ruler of this world will be cast out,” said Jesus to the people on one occasion. Later, he added that ‘the ruler of the world had no hold on him’ and that “the ruler of this world has been judged.” (John 12:31; 14:30; 16:11) Of whom was Jesus speaking?
Considering what Jesus was saying about “the ruler of this world,” it is obvious that he could not have been referring to his Father, God. Who, then, is “the ruler of this world”? How will he be “cast out,” and how has he been “judged”?
“The Ruler of This World” Reveals Himself
Just as a master criminal often takes pride in boasting about his power, so did the Devil when tempting Jesus, the Son of God. After showing Jesus “all the kingdoms” of the world, Satan made him this offer: “I will give you all this authority and the glory of them, because it has been delivered to me, and to whomever I wish I give it. You, therefore, if you do an act of worship before me, it will all be yours.”—Luke 4:5-7.
If the Devil were merely a principle of evil, as some have suggested, how could that temptation be explained? Was Jesus being tempted by some evil thought or by some inner turmoil that possibly followed his baptism? If so, how could it be said that “there is no sin in him”? (1 John 3:5) Far from denying the Devil’s power over mankind, Jesus actually confirmed it by speaking of him as “the ruler of the world,” describing him as “a murderer” and “a liar.”—John 14:30; 8:44; The New Jerusalem Bible.
Some 60 years after Christ’s encounter with the Devil, the apostle John reminded Christians of the Devil’s powerful influence, saying that “the whole world is lying in the power of the wicked one.” That one, John also said, “is misleading the entire inhabited earth.” (1 John 5:19; Revelation 12:9) Clearly, the Bible speaks of an invisible spirit as “the ruler of the world.” But what is the extent of his influence over mankind?
The World Ruler Delegates Power to Associates
Writing about the Christians’ fight for the faith, the apostle Paul clearly identified their worst enemies. “We have a wrestling,” he candidly said, “not against blood and flesh, but against the governments, against the authorities, against the world rulers of this darkness, against the wicked spirit forces in the heavenly places.” (Ephesians 6:12) Thus, this fight goes beyond the human sphere, since it is carried out, “not against blood and flesh,” but against “wicked spirit forces.”
According to most modern Bible translations, “the wicked spirit forces” here refer, not to an abstract principle of evil, but to powerful wicked spirit persons. Some versions offer such renderings as “the spiritual hosts of wickedness in the heavenly places” (Revised Standard Version), “the spiritual army of evil in the heavens” (The Jerusalem Bible), and “the superhuman forces of evil in the heavens” (The New English Bible). Thus, the Devil has been exercising his power through other rebel angels who forsook “their own proper dwelling place” in heaven.—Jude 6.
The prophetic Bible book of Daniel discloses how these “world rulers” have been exerting control over the world since ancient times. Deeply concerned about fellow Jews who in 537 B.C.E. had returned to Jerusalem from their Babylonian exile, the prophet Daniel prayed in their behalf for three weeks. An angel, sent by God to reassure the prophet, told him why his arrival had been delayed. He said: “The prince of the royal realm of Persia was standing in opposition to me for twenty-one days.”—Daniel 10:2, 13.
Who was this ‘prince of Persia’? The angel was obviously not referring to Persian King Cyrus, who at that time looked with favor upon Daniel and his people. Moreover, how could a mere human king resist a spirit creature for three weeks when it took one angel only one night to destroy 185,000 mighty warriors? (Isaiah 37:36) This hostile ‘prince of Persia’ could only be an agent of the Devil, that is, a demon who was given control over the realm of the Persian Empire. Later in the account, God’s angel stated that he would once again have to fight against “the prince of Persia” and another demon prince, “the prince of Greece.”—Daniel 10:20.
What can we conclude from this? Simply that there really are invisible “world rulers,” demon princes who share control of the world under the authority of their chief, Satan the Devil. But what has been their aim until now?
The World Ruler Shows His True Face
In the last book of the Bible, Revelation, the apostle John relates how Michael the archangel, defeats the Devil and his demons and tells of the disastrous consequences resulting from their expulsion from heaven. We read: “Woe for the earth . . . because the Devil has come down to you, having great anger, knowing he has a short period of time.”—Revelation 12:9, 12.
How has the Devil shown great anger? Just as many desperate criminals follow the policy of ‘rule or ruin,’ the Devil and his demons are determined to bring the earth and its inhabitants to ruin with them. Knowing that his time is short, the Devil has been using one of the key elements of human society under his control—big business—to promote a frenzied spirit of consumerism, which leads to depletion of natural resources and destruction of the environment worldwide, thus threatening humanity’s survival.—Revelation 11:18; 18:11-17.
Since the beginning of human history, the Devil’s thirst for power has also been reflected in politics and religion. The book of Revelation depicts political powers as wild beasts to whom the Devil has given “great authority.” It also describes the shameless alliance between politics and religion as disgusting spiritual adultery. (Revelation 13:2; 17:1, 2) Think of the oppression, enslavement, wars, and ethnic conflicts over the centuries that have resulted in the loss of millions of lives. Can anyone honestly say that the shocking and horrifying events that have tainted the pages of human history were the normal activity of humans? Or were they the result of manipulation by unseen wicked spirit forces?
The Bible unmistakably identifies and unmasks the one who has been maneuvering human leaders and world powers. Whether consciously or not, human society reflects the personality of its ruler and his ‘rule or ruin’ policy. But for how long will humankind suffer under the Devil’s rulership?
The Devil’s Last Gasp
Christ’s activity on earth in the first century sounded the death knell for the Devil and his demons. When Jesus’ disciples related how they had cast out unseen demons, he told them: “I began to behold Satan already fallen like lightning from heaven.” (Luke 10:18) With those words, Jesus was rejoicing at his future victory over the ruler of the world! (Revelation 12:7-9) A thorough study of Bible prophecies indicates that this victory took place in heaven in or shortly after 1914.*
Since that date, the Devil knows that the time remaining before his destruction is short. Although ‘the whole world is lying in his power,’ millions of people today have not been misled by his desperate attempts to control them. The Bible has opened their eyes to his true identity and his designs. (2 Corinthians 2:11) They draw hope from Paul’s words to fellow Christians: “The God who gives peace will crush Satan under your feet shortly.”*—Romans 16:20.
Soon will come the Devil’s last gasp! Under Christ’s loving rulership, righteous humans will turn God’s symbolic footstool, the earth, into a paradise. Violence, hatred, and greed will be gone forever. “The former things will not be called to mind,” says the Bible. (Isaiah 65:17) What a relief it will be for all who break free from the secret ruler of this world and his authority!
[Footnotes]
* Starting about 55 years before 1900, several Bible students/ ministers of religion, began to understand a prophecy that was written by Daniel over 2,500 years ago: “In the days of those kings the God of heaven will set up a kingdom that will never be destroyed.” (Daniel 2:44) Of course Bible prophecy is always better understood in hindsight, but 1914 is clearly, a marked year and it’s significance is now clearly understood. So should we doubt, what’s clearly written, about the demise of the selfish, greedy wicked, to bring about real true peace and security in the freedom of the sons of God, no-way Hosea!
So lots of people in the day, knew 1914 would be a very important year. Many were at that time were very optimistic about the future, “remember the gay 90’s?” One writer says: “The world of 1914 was full of hope and promise.” However, later that year, World War I began, and Bible prophecy came true. The food shortages, earthquakes, diseases, and other Bible prophecies that were fulfilled during the next 100 years, proved that Jesus Christ began ruling in heaven as King of God’s Kingdom. By enthroning his Son as the Messianic King, God the father had become King in a new way.
The first thing that God’s new King did was to fight a war against his Father’s main enemy, Satan. Jesus and his angels threw the Devil and all his demons out of heaven. This brought great joy in heaven but brought more suffering than ever before on earth, with world war’s one, two and numerous other war’s that followed and the subsequent famines, earthquakes and pestilences as well as other Bible prophecies and now the possibility of world war three, here in 2014, all in one generation, the generation of 1914! (Read Revelation 12:7-9, 12 and Matthew 24: 34) In fact if mankind isn’t stopped. . . . . .
New Living Translation:
In fact, unless that time of calamity is shortened, not a single person will survive. But it will be shortened for the sake of God’s chosen ones.
*Paul’s words here echo the first Bible prophecy, recorded at Genesis 3:15, pointing to the Devil’s eventual destruction. To describe the event, Paul used a Greek word that means “to shatter, shiver, break in pieces by crushing.”—Vine’s Complete Expository Dictionary of Old and New Testament Words.
http://www.abovetopsecret.com/forum/thread597506/pg1
http://www.youtube.com/watch?v=JZpgMEo_J9I
Watchdogs,
Forgive me for such a long rant, i’m tired of living and feared of dying. But, definitely excited! Thanks to Greg we should all have the vittles and a front row seat, let the games begin, it’ll come good!
Good Guest!!! Great Info. Greg, I have the special ability to tell when your guests are genuine & sincere. Some are not. This guy is a good guy! Thanks Greg!
So much invaluable information, where to begin… Thank you Greg for another superb interview from yet another great guest (whom I´ve personally been following regularly for quite some time). Gordon Long´s site Macro Analytics is one of my top goto sites for in-depth analysis, I highly recommend it to everyone. Greg you also mentioned getting John Rubino on your show – super my friend, I have no doubt that he would be another outstanding choice (he´s articulate, informative and highly knowledgable). Here´s a parting thought for some who in the face of all that is happening in the world may not have taken note of the obvious – notice how every single non-MSM analyst (no need to name names, its now practically unanimous) is predicting that the end of our current economic paradigm is very near, its no longer a question of ¨IF¨ just a difference of oppinion of ¨WHEN¨. Anyone who is not taking this seriously by preparing for the coming storm will regret their foolisheness in the coming years if not months. At a minimum everyone should have a few months of food storage and a substantial part of their assets (whether it´s 100 oz of silver or 1000 oin physical precious metals.
Thank you Armando for weighing in here my friend!! Good advice at the end of the comment.
Greg
Greg,
You’ve been banging these interviews out of the park. Great work my friend! All the best to you.
So much invaluable information, where to begin… Thank you Greg for another superb interview from yet another great guest (whom I´ve personally been following regularly for quite some time). Gordon Long´s site ¨Macro Analytics¨ is one of my top goto sites for in-depth analysis, I highly recommend it to everyone. Greg you also mentioned getting John Rubino on your show – super my friend, I have no doubt that he would be another outstanding choice (he´s articulate, informative, highly knowledgable and holds no punches).
Here´s a parting thought for some who in the face of all that is happening in the world may not have taken note of the obvious – notice how every single non-MSM analyst (no need to name names, its now practically unanimous) is predicting that the end of our current economic paradigm is very near, it´s no longer a question of ¨IF¨ just a difference of oppinion of ¨WHEN¨. Anyone who is swallowing the government and MSM lies and not taking this seriously by preparing for the approaching storm will regret the foolisheness in the coming years (if not months) of ignoring the obvious. At the very minimum everyone should have a few months of food storage and a substantial part of their assets (whether it´s 100 ozs of Silver or 1000 ozs of Gold) in physical precious metals.
H I G H N O O N!
Greg, another very good and knowledgeable guest. Please invite him back. Is it possible to get someone like him, or Peter Schiff, etc., on at the same time with a mainstream media financial “expert” and have a live debate? That would be something! Take care. Doug
This was the best interview you have ever done bar none!
greg;
Lutz interview w/ laurance Koltikolf “Inflation is just around the corner”
http://thevictoryreport.org/inflation-laurence-kotlikoff/?utm_source=rss&utm_medium=rss&utm_campaign=inflation-laurence-kotlikoff
Long goes on to say, “The real game that is going on here is a complex game, but it’s pretty simple, what they are trying to do and that is they are trying to finance the government’s debt.”
They will use any words except “manipulation’ of the markets.
The whole system is being rigged in their favor. They call it COG – Continuity of Government along with their favorite corporations, wall street & the banksters.
That does not include the rest of us.
What you describe is a textbook example of fascism, where government and corporations and finance agree to collude for mutual benefit and control. It is a tried-and-true way to advance a political agenda and is the ultimate “insiders” game. It is eventually destructive to the citizenry and political institutions where it is implemented. Best always. PM
Greg can you imagine what would have happened in 2008 if all that TARP money had been given directly to private industry, and small business, instead of the Corporate Banks? By the shear fact that Trillions of dollars was given to the Banks to continue the plundering of whatever wealth is left in this country, speaks volumes about who’s really in control here. Its not us.
There’s a reason why gold prices have been manipulated lower, and why the emerging nations like China, Russia, and the BRIC nations have been buying train loads of gold the past few months. The reason? The American credit card, that Mr. Gordon mentioned, is going to be cut in half, and they know it. Cue….the whining….the backbiting…..the denial…..by all those who refuse to talk about it, much less admit the truth.
Greg, I do real estate short sales as a side business . One of the biggest obstacles I have to deal with is denial. Many people refuse to deal with the reality of their situation, until they receive a foreclosure notice in the mail from the Bank. Even then, that sometimes is not enough to get their attention. And then the sheriff is forced to serve unlawful detainer papers, forcing them into the street.
How different is our situation as a nation from what I’ve just explained ? Not much. The Chinese are setting up the Yuan exchange system, with the help of the City of London Corporation, because they know they will never be paid the money we owe them. We are well past the “kicking the can down the road” phase of our economic system. We are now in the foreclosure phase, and notice will be served soon.
The US economy was just downgraded to -2.9% in Q1.
Hi Greg
Thanks for all these great interviews. You present the real news to the world. I live on the coast of Maine and you are the lighthouse beacon in the dense fog allowing the sailors of the world to get to safe harbor. Gordon Long and Martin Armstrong share the same world views of major problems starting in Q3 of 2015. These men are no fools. The Cabal in “The City of London” knows this as well. They will cause chaos in the world in order to hide from their exposure to this crisis. For if the light was to shine on the Cabal, it would lead to their extinction and the dawn of the next great civilization in the world. Thanks again for all that you do for us ….you are the Man! Best! Doug
Doug,
Things won’t look pretty between now and then. Thank you for your support and kind words.
Greg
Thad Cochran wins primary in MS, not with Republican voters but with Democrats’ support. Shows you how afraid both the Dems and the RINOs are of the TEA party. Interesting strategy. In NC, only voters with the same party affiliation or an independent affiliation can vote stopping this type of evil
G500 – This is indeed a major problem, that strikes at the heart of your democracy. Both sides have become so corrupted by corporate money that their “enemy” is now the public and their right to elect honest leadership. But once again, where is the outrage?
Yawn, turn the page – no corruption here!
(CNN April 2013) – The U.S. House on Friday eliminated a key requirement of the insider trading law for most federal employees, passing legislation exempting these workers, including congressional staff, from the rule scheduled to take effect next week…
(NYT June 2014) To soften financial regulations on banks, lobbyists frequently ‘assist’ lawmakers in writing legislation that serves to benefit them at the expense of American taxpayers, according to a New York Times investigation.
Reading through the comments posted on your sight I think it would be interesting if you could get some of the more vocal and active commenters to do an interview, it seems they have a lot to say….you could even offer the same anonymity you provide for Dr Willie using a background showing something like a full size Ford sedan from the 1960’s rather than an image of the interviewee.
HAHAHA,…wait till the DOLLAR crashes,you’ll understand why the borders are wide open then,CAUSE ALL HELL will break loose,you’ll see war in the streets, right in front of your house,NO FOOD,NO WATER,and nowhere to go…hahaha,yea open borders,you mean war in the streets,THESE GANGS will go insane,MARTIAL LAW,just what they want,a reason to take over america….and the DOLLAR crashing will do it………….
Brother, why don’t you give it and yourself a break and go work in your garden.
If you don’t have one, spend your time starting one than repeating the sos here daily.
It will serve you better.
Good choice of guest here Greg. Gordon T. Long is another fellow I have lot of respect for and have been following for a while. He puts up some pretty amazing data sets… On a similar note, you might consider an interview with John Rubino if you have not already. Rubino and Mr. Long had an interesting chat yesterday about some of the very things discussed in this interview. Both men are experienced and highly informed.
~P
Hey Ugly, right you are. Charade, Illusion,creative accounting, and all magic has limitations. They have not hit their limitations yet but the day will come. The support of the rich and supper rich at the expense of the poor and the middle class is an abboration that must and will be corrected.
The New American Century neo-con bankster Ponzi scheme goes on. Each of your financial analyst guest identifies the elephant in the room and their operating premise that “Debt is wealth” is unsustainable.
Economic collapse is inevitable and coming in the next few months-ahh-next year (2010). Ha. Ha.
Wealth is ownership of assets that is free and clear of debt from the banksters. When the music stops, the banksters will legally own all the assets and the slave public will own the debt. Ha. Ha.
My sheds are full of TP, freeze dried foods, supplies etc. My standby generator has a big tank of propane, and even have 500gal diesel back-up for another generator. My life is now on standby like the generators. However, I feel they can continue to print their way out of this for quite sometime still. I’ve been reading these type of predictions now for years, and nothing much as happened. My family thinks I’m crazy. I’ll taper off on my prep supply purchases. hehe, and just lay low for a while and see what happens.
farmerdz
good prep.
Hello Greg,
Tick tock, tick tock. The longer they allow these asset bubbles to inflate the bigger the explosion. I think that what the powers that were are trying to do is to start a world war to get the correction they need to reset this Ponzi scheme so that they can restart it again to maintain the status quo.
The problem this time around and this may be wishful thinking, is that they are dealing with a more enlightened populace that will prevent this devastation (WWIII) from occurring. I know, it doesn’t look good, but at some point the 100th Monkey effect has to kick in. Maybe more wishful thinking again but I think these disparate groups that are trying to coalesce to create their One World Order wet dream will eventually turn on each other and the rats will start abandoning the sinking ship. We will soon see. I think I can safely say that most of us are surprised it hasn’t happened already. It’s really not a question of if anymore but when!
Great interview and guest, I really enjoyed the interview.
Greg did you see the revised 1st Quarter GDP estimates? The economy contracted a -3%.
http://www.forbes.com/sites/samanthasharf/2014/06/25/u-s-gdp-dropped-2-9-in-the-first-quarter-2014-sharply-lower-from-second-estimate/
Of course they blamed it on low spending for Health Insurance. How convenient? What I find most interesting, is there is no sense of urgency by congress or this president to fix it. None at all. What does that say?
http://www.cnbc.com/id/101787838
Hi Greg Yet another downward adjustment!!!
GDP fell at a 2.9 percent annual rate
Bad to worse: US economy shrank more than expected in Q1
The Commerce Department said on Wednesday gross domestic product fell at a 2.9 percent annual rate, the economy’s worst performance in five years, instead of the 1.0 percent pace it had reported last month.
While the economy’s woes have been largely blamed on an unusually cold winter, the magnitude of the revisions suggest other factors at play beyond the weather. Growth has now been revised down by a total of 3.0 percentage points since the government’s first estimate was published in April, which had the economy expanding at a 0.1 percent rate.
Odd that Canadian GDP rose during that same cold weather
So this can easily carried on for another 5 to 15 years. Or more.
Finn,
NO, I think by the end of 2015 things will look pretty bleak.
Greg
greg a-greed
The government per se will be downsized as in reality it is a corporation and the true owners realize that they can never “honor” the debts outstanding or the paid into schemes.
Of course no American wants to admit this fact, or very, very few, the readers of this site.
But the reality of Greece at 100% percent debt to GDP and the USA Corp far surpassing that makes the reality soon to happen.
I believe yes they need to finance schemes re pensions but the scare factor you got right.
Also it is fight for the new reserve currency status between the China USA and RU.
The shadow governemnt like the other shadow government of RU or EU are well aware of these facts.
It is a the Rockefeller Report said that the New Wars would be played only over dwindling resources and the intelligence wars would involve multiple actors and using various fronts or in English mercs. I think that a cyber 9/11 factored by the Isis and various China other acotrs attack on Street in soon to fruition.
Outstanding information!
Could help but notice Austin Fitts. War and finance run hand in hand.
“They” will try to run cashless BEFORE the collapse.
One of the best Greg!
He’s one of the few who’s wise enough to see the Fed/IMF/BIS has a few more aces
and jokers up their sleeves.
I do wish he’d discussed potential longer range scenarios and solutions.
It’s so easy to see the problems and disasters around the corner but few seem
to be giving longer range hope for coming out the other side of the ‘black hole’.
I only read the above commentary and never have time for the interview …….with that said, I disagree again with the timing issue so many of your guests throw out. A petro-dollar problem waiting till mid 2015 ? Iraq is only the most visible and recent problem for the dollar. It’s my understanding a large portion of the world’s economies (30%+) are already aligned to trade with each other. I’m talking 30% of world trade not nominal countries. But, once the other countries see they are being left out (and left with increasingly more worthless paper) they will join in…….. These trade agreements are only one piece of the puzzle. Our debt load, economy, politics, and so many other factors are screaming default…..The amount of lies being told about all these is mindboggling…….Finally, stop and think about all the world events that are held in limbo right now (Ukraine, Syria, Iran/Israel, China/Japan). It’s like no one wants to go first. I believe they will all happen simultaneously…… then a false flag here will follow…….
Good Job you are doing Greg with keeping us informed. I believe we will see hyperinflation at the end of this year and dollar collapse sometime next year. The Euro currency will collapse first then our dollar weeks following. China and Russia are really making some big moves against the dolllar.
Greg,
I would like to bring your attention to the topic is the extortion of home owners by FEMA and the National Flood Insurance Program.
FEMA has a monopoly to confiscate money, which is property, from the public in order to arm itself for an assault on the population.
FEMA, aka the Department of Homeland Security, has usurped the power to tax from congress in order to achieve its goals of growing their bureaucracy
and dominating the American people.
Please read my letter to the Governor of Georgia and to my Congressional representatives (below) about this situation which affects millions of Americans and billions of their earned after tax income.
=============================================================
Dear Governor Deal,
I am a 7th generation native Georgian and a graduate of UGA and Ga Tech. I am 61, partially disabled, near retirement, and have a house in Decatur, GA near a small creek, Burnt Fork Creek. The address is 2835 Riderwood Drive, Decatur, GA 30033. My house lot is classified as being in a flood plain by FEMA in zone AE. This small creek poses little, if any, threat to my house which was built in 1967.
I am writing to tell you that I am outraged by the cost of the required FEMA National Flood Insurance Program policy and the recent increases I am required to pay.
My flood insurance has risen as follows:
YEAR AMOUNT Y-T-Y INCREASE
2011 – 2012 $ 1,227
2012 – 2013 $ 1,307 + 6.52%
2013 – 2014 $ 1,600 + 22.42%
That is a total increase of 30.40% in three years! Copies of these bills are included. The contents of my house are not covered by this flood insurance.
My home owner’s policy from State Farm, also included, which covers the complete replacement of the house for $311,800, including the contents, is only $ 776.00 per year. FEMA costs 206% more for their national flood insurance, which covers only $ 250,000 (20% less) dwelling replacement cost, with much less risk.
The cost of the FEMA National Flood Insurance Program policy in no way represents the potential cost of the threat of flooding from this small creek to my property. This cost does represent the pillaging of selected Georgians to pay for storm damage in other coastal states, or to buy bullets and build FEMA concentration camps. It is a tax levied by a federal government agency, without representation from my elected officials. It is therefore unconstitutional. I read a letter from the co-sponsor of the bill that put this fiasco into law, Maxine Waters, apologizing to the entire country for it. That is certainly not enough.
FEMA is attempting to steal my home, which I have worked very hard for all my life, one piece at a time. Can you help to stop this seizure of property from the citizens of Georgia by FEMA?
R.S. (Stan) Muse
2835 Riderwood Drive
Decatur, GA 30033
770-380-2468
Greg, John Williams is the best “numbers” man in the business. Please stay close with him these next few weeks (FATCA, Yuan/gold exchange rollout, etc.). It will be interesting to know his take on the government lying their way out of the economy cratering while the recovery is supposedly booming. As Gordon Long said in this solid interview, JW also has maintained all along that dollar repatriation will be our eventual undoing. The stars seem to be aligning toward 2015, as you said. I can’t see us surviving Obama’s 2nd term intact. As the picture becomes more defined, Mr. Williams will be able to time the sequence better. Many thanks for your excellent service to the benefit of us all. PM
Greg, another great interview, very knowledgeable guest. I want you to get out somewhere this weekend and get a little sun on your face. You are looking a little pale these days. Thanks greg for all you are doing to get the truth out to the guy on the street. I am reading a book now called– Vile acts of evil – Banking in America. It is the sad truth of the road we have gone down to get where we are at today. I highly recommend it to all who visit this site.
Greg; Our forefathers would be shooting by now.
Ex-CIA Officer Claims that Open Source Revolution is About to Overthrow Global Oligarchy
Michael Krieger | Posted Wednesday Jun 25, 2014 at 10:21 am
http://libertyblitzkrieg.com/2014/06/25/ex-cia-officer-claims-that-open-source-revolution-is-about-to-overthrow-global-oligarchy/
greg;
Now, the terribly unsavory former Vice President and convicted war criminal DICK Cheney has added his voice to the chorus of impending doom.
Former Vice President Dick Cheney on Tuesday predicted there would be an attack on the United States within the next decade that is “far deadlier” than the Sept. 11, 2001, attacks.
“I doubt it,” Cheney told conservative radio host Hugh Hewitt, when asked if he thinks the U.S. would “get through this decade” without another “massive attack on the homeland.”
“I think there will be another attack. And the next time, I think it’s going to be far deadlier than the last one. Imagine what would happen if somebody could smuggle a nuclear device, put it in a shipping container, and drive it down the beltway outside Washington, D.C.” (source)
Read more at http://freedomoutpost.com/2014/06/speaking-homegrown-terrorists-dick-cheney-predicts-massive-attack-homeland/#w68BfuU9FvkldrQI.99
tick tick motherfers your time is coming
So is yours
Greg, thanks for expanding on the interview flow-chart. Great new folks, and most appreciated. I’ve been on your site daily for over a year now, and you certainly have provoked the best discussions, bar none.
The Obama Regime, and the predecessor Regimes, most certainly are controlled by your interviewers observations. Bottom line, when do these controlling groups out think themselves ? They are always testing how the masses respond to various push and pulls. I remember my first thought on that, when we all lined up to fuel our vehicles on even and odd days of the calendar, based on our license plate number. We all complied efficiently. Just saying.
News Flash…$15 Billion in fraudulent gold loans. Has anyone calculating the amount gold China is importing taken in account the fraud? No, thats why the import figures are so high. You’d have thought that people, upon seeing these unbelievable numbers, would have examined the import documents closer instead of making wild guesses about where this mountain of gold was coming from.
http://mobile.bloomberg.com/news/2014-06-26/china-finds-15b-of-loans-backed-by-falsified-gold-trades.html. Is this Hudes’ 1,000 tonnes of gold…..hahahahaha… excerpt
“As much as 1,000 tons of gold may have been used in lending and leasing deals in China, where commodities including metals and agricultural products are used to get credit amid lending restrictions, according to World Gold Council estimates.
Of the as much as $160 billion in transactions projected by Goldman, $80 billion may involve gold, $46 billion copper, $13.8 billion iron ore and $10.3 billion soybeans, according to a March 18 report.
And yes, there is a lot of gold going to China but the question is how much of it is real and how much has been pledged multiple times and like the gold in the 15 billion dollar fraud, where is it?
GREG;
133 G77 Nations Vow to Destroy America’s New World Order
BY THE DAILY COIN · JUNE 25, 2014
from WhiteOutPress
June 17, 2014. Bolivia. The American and European media are doing everything they can to black this news out. But it’s not going to stay a secret for long. As of this weekend, there’s a new New World Order on Earth and its enemy is the United States, the EU, the UN Security Council and the world’s shadow government led by the IMF and WTO. This new alliance of poor countries wouldn’t be much of a threat, except it includes two-thirds of the world’s nations including China and India.
It’s a sad day for the American people when their government and state-sponsored news industry blacks out such an important news story. Americans actually have to rely on outlets like the Havana Times in Cuba, The Times of India, and United Nations press releases. There’s a reason this news is being censored across the West. And it’s only the latest global news story over the past two weeks on this subject blacked out from the American people. Read on to find out why.
http://thedailycoin.org/?p=3264
Allen
They don’t want to spook the sheeple.
jerry
🙂
I think it’s safe to say that if they are willing to report a 2.9% decrease in the GDP estimate that the actual is up to three times worse than that. I’m also a believer in a more extended period of time before the collapse simply because the size of the market will take some time to unwind and the market is rigged to the upside. There is no doubt a trigger event is coming.
188,
I didn’t think of it that way but I think you are on to something.
Greg
Greg,
I agree with Woody, if they are saying this it must much worse. Remember they tweeked the GDP a couple of years ago to count publishing rights, entertainment revenue etc. This was done to boost it falsley.
It has got to be much worse…
Woody the trigger event is coming July 15th. After that date, things are going to wind down fairly rapidly. We will fall right into a new economic system that the City of London and the Chinese have waiting for us.
Greg: Long is wrong! There are now many countries trading oil in NON-DOLLAR agreements. How did you let him get away with this. Iran has been doing this for ages now??
al
Greg,
Great interview! I am so glad that the student loan bubble was mentioned and that there is no hope of paying that off. It seeme like all these powers that be tiptoe around this topic. I am convinced this is a huge domestic problem.
Trying not to disturb a pack of tigers sleeping on the den floor. Excellent
July 15th date clarified –
http://youtu.be/PmLj2QI54cA
July 15th is the date the City of London Corporation has chosen to pull the pin on the bomb known as the U.S. dollar. Just like Homer falling down a cliff there will be lots of economic bumps and bruises on the way down, to the ultimate goal of a new economic system comprised of #2 currency systems.
– The republic dollar- which will be used as trade within the borders of the United States, which will be devalued by 70%-80% .
– The trade dollar- which will be used for international trade which will be devalued by 40%-60% .
According to my source, the IMF will be moving its headquarters to China, to help the Chinese set up and monitor the new international trade system that is being established up by the Chinese. Currency swap agreements have already been set up with most of the world governments, China Russia, Germany, 105 BRIC nations and most recently England. The systems are in place. The exits are being monitored. All we need now is an event to force the masses to move to the exits.
Its happening now people. The wars in the Ukraine, and Iraq, and Syria, are the last ditch efforts by the western Banking Cabal to save their fiat system. Did you not know that ISIS was American made? CIA trained? The invasion into Iraq was nothing more than a ploy to draw Iran into the mire, so they couldn’t fulfill their Oil and Gas deal with Russia and Gazprom. Last week, they blew up the gas pipeline in Ukraine, to again stall of the Gas and Oil deals that Russia made with the EU. That’s all they have left. Stall tactics. Just like hiding Bonds in Belgium.
You see people, here’s the truth. The City of London Corporation doesn’t need the western Banking Cabal anymore. They have struck new agreements with China and Russia and they plan to make their bed with them. Not us. Who do you think encouraged the Fed to print money? It was just another tool they used to debase the dollar, for their goal of collapsing it into a new system, and nothing more. The clock is ticking.
Thank God Greg was paying attention, or none of us here would have known about it. Thank you Greg.
I have to disagree with you about July 15, Jerry. And I’ll bet you one dollar!
Dewey
Why bother , it won’t be worth anything?
Jerry, all this confidence placed in the Chinese will go awry when they find out how corrupt those guys are. They are used to making the rules and playing unchallenged. Your City of London types think they have it all planned out. I’ve got news; things of this nature never go completely according to plan. And everyone in this gambit, again, as they have for the past 250 or so years, will have completely underestimated the American people. Not all of us are the low-information, complacent, unmotivated, sold-out, bought-off dumbazz chumps they think we are. I have kids and grandkids in this world, and I’m not a quitter. Your posts are important contributions to the discussion, and I thank you for staying with it. Our biggest challenge in all of this is disinformation. I am thankful that you are willing to share what you learn. Best always. PM
thank you Jerry for your comment.
Hi Jerry,
I do have a question for you regarding the date of July 15th. According to your source, this is the day the City of London Corp. together with the Chinese decide to “pull the plug” on the dollar and we see a dollar split (as Jim Willie had mentioned in his thesis) with the new “Republic Dollar” for domestic use devalued by 70 to 80 %. So in relation to the Simpson’s cartoon, is this the place where Homer “goes over the edge” or have we already “left the edge” with no solid ground under our feet and we’re just waiting to start feeling the blows from repeated impact as we fall down the slope into the economic abyss of the third world? My question then is what should we look for on the 15th of July to confirm the process is, as you say, basically a done deal and we are going to a place from which there is no coming back (at least not in a lot of us who post here lifetimes) so that we know to put into motion that which we have been preparing for? Even from the cartoon, the fall was a series of impacts. In this situation a 70 to 80% devaluation would be devastating. Food, gas, utilities everything would skyrocket in price and shortages would immediately become widespread followed by looting lawlessness and desperation and martial law (my guess). Does the City of London together with the Chinese want to cause that kind of chaos? Wouldn’t it be more beneficial to have say a new Republic Dollar devalued at 30% then another 30% like Argentina ( if I am not mistaken this is the way Dr. Willie described the coming devaluation– not 70 or 80 % in one step, that would be too disruptive– although successive devaluations of 30% will be painful enough- no doubt). So when do we know it is time to go into “survival mode” and leave the illusion of working for a “paycheck” in the collapsing matrix and make the escape for higher ground?
The grace and peace of our Lord Jesus Christ be with your spirit Jerry
Mark
We have actually been in a “slow burn” collapse mode for quite some time. as the powers that be have been busy building their new international currency system, stall it with market manipulation tactics. It is my understanding that the July 15th events will cause an acceleration of the process to the eventual end sometime in the first quarter in 2015. I wouldn’t bet on that timetable because events could speed it up even faster. The two major events in July 15th that they are calling the trigger mechanisms are.
– The end of NATO – with some type of military confrontation with Russia
– A spike in PM prices, being led by Silver
I noticed last week England signed on with China’s currency swoop agreement, and looks like (according to my source) France will be next. So you see, they are just about ready.
I hope this helps. Prepare my friend. The time is short. Trust in the lord. We are fighting against dark forces that are hell bent on controlling this world.
thank you Jerry. the grace and peace of our Lord Jesus Christ be upon you and your household.
Another string holding up the Banking Bubble, just got popped.
http://www.zerohedge.com/news/2014-06-26/head-fourth-largest-albanian-bank-assassinated-broad-daylight
Important information for those paying attention.
http://www.bloomberg.com/news/2014-06-25/singapore-to-require-banks-to-hold-liquid-assets-for-exigencies.html
The rest of you can go back to watching “Dancing with the Stars”.
Galaxy 5 …… The $15 Bil in gold backing has nothing to do with the Chinese gov and their gold buying. In China, since gold is a revered asset (imagine that) it is frequently used for collateral in banking loans. This is strictly business loans apart from the state…. They simply gambled (exponentially) on hard assets for profit…….It use to be called greed.
Besides my previous stated problem areas ((Ukraine, Syria, Iran/Israel, China/Japan) we need to add the many banks worldwide facing implosion, the many countries like Argentina facing default (again), and the over levered Chinese business debacle….The list is in the dozens and just ONE (1) could (will) start the snowball rolling. Remember the repercussions from the Argentina default in ’97 ………. This is such a no brainer for gold positive, market neg (short). Very bullish for gold/guns/grub.
Argentina did not default in 1997.
Dewey Forget the dollar bet…….Just to hedge your bet…….Buy CDE, HL, GPL and SVLC .
This is a terrific interview! It comes at the right time, just when the Chinese commodity scandal is unraveling. Wow! 170 trillions of world debt at 4% interest rate a year and a world economy of 70 trillions growing at 3%. Just that picture of this gigantic black hole sucking out nearly $4 trillions a year out of the world economy helps place things into perspective. Just one comment, Gordon didn’t say where goes these interests paid to the banks… Someone is on the receiving side of this enormous/gigantic wealth transfer… What are these “receivers” doing with $6 trillions interest payment a year? This is a question that tickled my mind as I was listening to your interview! Thanks to both of you.
Gordon Long! I think I have his email somewhere… LOL!
Good catch Mr Greg. 🙂
Marcelo Did I get the year wrong ? My bad. I do know it did have a cascading effect on the world economy. Banks were as intertwined then as now……… Eric, This has been set up from the beginning to profit the largest banks. They pull in the difference between the cheap Fed money (1/4%) and loans to us. They also take that money and invest in the markets using unbelievable leverage.
Crown City of London = Catholics
My guess of the date? August 15, 2015. A special alignment and the rise of Venus from the “underworld”
July 17 is the Heliacal rise of Sirius.
Bankruptcy debt is restructured every 7 years (domestic) and 70 years (international) – that’s the key to the IMF numerology speech.
Let’s do some math?
Test of Atom Bomb was July 16, 1945 at TRINITY test site. Add 70 years = July 16, 2015
Bomb was dropped on 8/6/1945 at 8:15 am (can be read as August 15th Assumption of Mary Feast Day)
It’s been coded in TV shows like Lost (Flight 815 Crash) and Once Upon a Time (curse starts at 8:15).
Let’s try some more math –
9/11/2001 plus 7 years to restructure = 2008 collapse
2008 plus 7 years = aligns the domestic AND international bankruptcy restructuring for 2014-2015 timeframe.
The question is – will this next bankruptcy restructuring be a Jubilee (every 70 years?) or a cause for war? The NWO may not be as bad as it’s been painted to be given slave labor has backed the World Economy for years.
Problem is, WE are the assets of the US Gov’t. And when in bankruptcy, assets must be liquidated. Google IRS life estate value calculation compared to your mortgage NPV calculation. Then research banks involved in death derivatives now. It’s likely going to end quite badly for many of us? I try to be hopeful, but time will tell…
Fed bond deal with Belgium is because Belgium is home to the BEAST (Belgium Electronic Surveillance Terminal). Only those bonded slaves with the Mark will be able to buy or sell (bonds bought by Belgium – the 144,000 saved?)
“He causes all, both small and great, rich and poor, free and slave, to receive a mark on their right hand or on their foreheads, and that no one may buy or sell except one who has the mark or the name of the beast, or the number of his name.” Revelation 13:16-17
Don’t even get me started on MERS in mortgages. Mortgage = death pledge. MERS = sea. We have all been lost at sea due to the C’estqui que Vie Act of 1666 so the gov’t could steal our “estates”. So this bible script-ure is telling:
The sea gave up the dead that were in it, and death and Hades gave up the dead that were in them, and each person was judged according to what they had done.
This has been the plan for a New Jerusalem in America all along. They have made themselves God and plan to judge us based on their NSA data collection and financial records.
I still believe Pandora’s box had hope. And I hold fast to that belief as best I can in these troubling times. Faith, Hope and Charity.